Press Release

Jan, 10 2024

Revolutionizing Road Safety: The Impact and Advancements of Modern Driving Simulators for Skill Enhancement

The U.S. driving simulator market is a dynamic sector blending technology and transportation. Utilizing virtual environments, driving simulators serve both entertainment and educational purposes. Equipped with sensors, they monitor driver behavior, contributing to the development of driver assistance systems. These simulators leverage advanced technologies such as virtual reality and motion systems, delivering an immersive experience for users to navigate diverse scenarios safely. This convergence of innovation underscores the industry's commitment to enhancing driver training and research within a realistic virtual setting.

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Data Bridge Market Research analyses that the U.S. Driving Simulator Market was USD 5,489.20 million in 2021 and is expected to reach USD 12,650.07 million by 2029, registering a CAGR of 11.00% during the forecast period of 2022-2029. The U.S. driving simulator market is driven by a heightened emphasis on regulatory compliance, focusing on meeting established driver training standards. This contributes to the widespread adoption of driving simulators.

Key Findings of the Study

U.S. Driving Simulator Market

Demand from the commercial sector is expected to drive the market's growth rate

Commercial sectors, particularly logistics and transportation, show a heightened demand for driving simulators to enhance employee training and skill assessment. These simulators offer drivers a controlled and risk-free environment to practice maneuvers, handle different road scenarios, and refine their skills. The realistic simulation helps companies ensure their workforce is well-prepared, reducing the potential for accidents and improving overall efficiency in the delivery and transportation sectors. This trend reflects a strategic approach to employee development and safety within commercial operations.

Report Scope and Market Segmentation

Report Metric

Details

Forecast Period

2022 to 2029

Base Year

2021

Historic Years

2020 (Customizable to 2014-2019)

Quantitative Units

Revenue in USD Million, Volumes in Units, Pricing in USD

Segments Covered

Type (Modular Design Stimulator, Multi-Driving Simulator Station), Offering (Hardware, Software, Services), Driving Training Simulator Type (Compact Simulator, Full-Scale Simulator, Advanced Simulator), Application (Transport Authorities, Entertainment, Research and Training, Schools and Universities, Others), Vehicle Type (Car, Truck, Bus, Heavy Equipment, Motorcycle, Rail, Others)

Market Players Covered

L3Harris Technologies, Inc. (U.S.), FAAC Incorporated. (U.S.), DORON PRECISION SYSTEMS, INC. (U.S.), Bosch Rexroth AG (Germany), Moog Inc. (U.S.), NVIDIA Corporation (U.S.), IPG Automotive GmbH (Germany), VI-grade GmbH (Germany),  Mechanical Simulation Corporation (U.S.), ANSYS, Inc (U.S.), AVSimulation (France), VDI - Only in Simulation. (U.S.), SpaceTech GmbH (Germany), RFPRO (U.K.), Excel Driver Services, LLC. (U.S.), Virage Simulation (Canada)

Data Points Covered in the Report

In addition to the market insights such as market value, growth rate, market segments, geographical coverage, market players, and market scenario, the market report curated by the Data Bridge Market Research team includes in-depth expert analysis, import/export analysis, pricing analysis, production consumption analysis, and pestle analysis.

Segment Analysis:

The U.S. driving simulator market is segmented on the basis of type, offering, driving training simulator type, application, and vehicle type.

  • On the basis of type, the U.S. driving simulator market is segmented into modular design stimulator, and multi-driving simulator station
  • On the basis of offering, the U.S. driving simulator market is segmented into hardware, software, and services
  • On the basis of driving training simulator type, the U.S. driving simulator market is segmented into compact simulator, full-scale simulator, and advanced simulator
  • On the basis of application, the U.S. driving simulator market is segmented into transport authorities, entertainment, research and training, schools and universities, and others
  • On the basis of vehicle type, the U.S. driving simulator market is segmented into car, truck, bus, heavy equipment, motorcycle, rail, and others

Major Players

Data Bridge Market Research recognizes the following companies as the major U.S. driving simulator market players in U.S. driving simulator market are ANSYS, Inc (U.S.), AVSimulation (France), VDI - Only in Simulation. (U.S.), SpaceTech GmbH (Germany), RFPRO (U.K.), Excel Driver Services, LLC. (U.S.), Virage Simulation (Canada)

U.S. Driving Simulator Market

Market Developments

  • In May 2023, BharatBenz, under Daimler India Commercial Vehicles, pioneers India's launched truck driver training simulator. Tailored for heavy truck drivers, this innovative simulator marks a significant milestone in the Indian market, offering a state-of-the-art tool to enhance training and skills development for drivers operating heavy commercial vehicles
  • In June 2022, Continental AG joined the CITY project, a collaborative effort with 15 entities focusing on automated driving in urban areas. Continental's contributions include innovative solutions for human-machine interaction, intelligent crossings, and specialized driving features tailored for inner-city intersections and bottlenecks. This initiative signifies Continental's commitment to advancing technologies that enhance automated driving experiences within urban environments
  • In April 2022, VI-grade completed installing and commissioning a compact simulator at the Ford Motor Research and Engineering Center in Nanjing, China. The simulator, set to integrate 3D virtual data simulating Ford China's test tracks, allows Ford engineers to assess real-time vehicle dynamics, focusing on steering and handling performance for comprehensive evaluations at the Nanjing facility
  • In March 2021, Volvo Group partnered with NVIDIA to craft the decision-making system for autonomous commercial vehicles and machinery together. Leveraging NVIDIA's comprehensive AI platform, encompassing training, simulation, and in-vehicle computing, the system aims to enable secure, fully autonomous driving on public roads and highways, showcasing a significant stride in the integration of artificial intelligence in the automotive sector
  • In 2020, FAAC Incorporated launched simulation-based situational awareness training, promoting road safety without real accidents. This innovative approach equips individuals with the skills to react in worst-case scenarios. The initiative is poised to expand FAAC's customer base as it addresses critical safety concerns and offers a proactive solution for preparing individuals to navigate challenging road conditions effectively

For more detailed information about the U.S. driving simulator market report, click here – https://www.databridgemarketresearch.com/reports/us-driving-simulator-market


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